You Are All Right!!!

@SpeakerBoehner @ThisWeekABC @BarackObama @PRyan
#BudgetDeficit #SpendingCuts #Economy

                                You are ALL Right!

There is no doubt that spending is the problem. The
Question is what to cut. Our budget definately needs to be reigned in. It is out of control. But everyone seems to be having a case of narrow vision. Sometimes that's good, but our economy demands the widest view.

There is a time to overspend. Businessmen do it all the time based on well calculated risks that when they pay off, the prosperity from these risks will overtake any over expenditures. But, there can't be too many risks as the population of those you are over widens. It causes too much fear, panic and uncertainty. And also, business men take risks with their own money or collateral, not with American citizen's money. So there is a difference in how a government executive should proceed.

Both ideas; calculated risks and investments in our future and a straight out to the dime balanced budget makes sense. We must all view the whole matter. Our economy needs a many tiered, multi-sided approach. You're all right. It's not a matter of compromise. It's a matter of an all out attack and commonsense approach. A comprehensive approach.  And if there is more than one way to reach the same goals, President Obama, the leader of the country, should get the preference as long as he can truthfully justify all. But there is not a doubt that the deficit must be tackled now. If the President thinks it can be put off, we all know that is wrong.

Let me say this one last thing and I have said it before, too. The deficit going up on President Obama's watch isn't, in the last term at least, his fault. It was a result of policies implemented by both Clinton and W. Bush, plus two wars, plus a total distrust by the people in our economy because of ponzi schemes, and a slew of private industry dishonesty and unfair business practices that left the people holding the bag and was unchecked. The corporations and executives basically got off scott free. After the Enron scandal for example, how many wanted to keep investing in America. Many just wanted to hold on to what they had. Then, other businesses fell as a result. And there were many more of these scandals one after another in succession from 2000 on. We also have to look at the Real Estate debacle. Our real value was so over inflated, based on practices led by government for the people to achieve the American Dream, but not the right way. And of course there's September 11th, 2001, whereas not only were we attacked on our soil, but it was clear that the enemy wanted to hit us where we would feel it the most, our economy. The totality of all these things is what led to great fear in our economy; domestically and abroad, and therefore a weak American economy. And because America still had to survive, we ended up having to spend more than or what we didn't have. These are the facts and had nothing to do with Pres. Obama.

But now there is a new day. And President Obama has a great opportunity to work with everyone; Republicans, private industry; for profit and not for profit, and of course "We The People" to turn things around. If he doesn't during this term do what is right, then this economy will be his actual burden, and it will cast a dark shadow on his legacy as President.

That's all for now.

God bless America.

Yulanda K.

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